6 best intraday tips for tomorrow NSE
Introduction
In truth, literally nobody knows about tomorrow. We never trade on the basis of news. It was just a prediction that we had in mind after reading the technical charts. One thing you should remember! Everytime a news is published: Guys like you and us will know later on when everyone knows about it, talking about the big players (Instituion) who took their positions first. When we got some news about a particular trade on a news channel or somewhere on Youtube, Instagram, Twitter, etc., the source is completely its too late. As a professional trader, set yourself a very serious thought: "never take positions just because you hear something on the news." Always analyze technical charts and open a trade or open a position when you are 100% sure, even if you are sure. Always follow your stop loss when trading. Never break your rules, if you lost a trade then walk away and come another day may be stocks having bad day or believe that this is not your day. We have made a section on Q&A , Where we already answered most of the questions for educational purposes, find out at least a little before opening any open positions in the stock market. You can also check our FAQ below if you have any questions.
These are the top handpicked Stocks from NSE Index after going through a deep analysis for tomorrow Intraday session, but as always before talking about stocks let's understand the Sentiments of our Indian and Global stock Market Situation for which it may clear you view whether to Buy or Sell a Stock.
Indian Stock Market Update on 02-Sep-2021
Today's Live Global Market Update
FII/FPI & DII trading activity on NSE, BSE and MSEI
|
FII/DII Trading
Activity in Rs. Crores |
||||
|
Category |
Date |
Buy Value |
Sell Value |
Net Value |
|
FII/FPI |
02-Sep-2021 |
9113.34 |
8764.82 |
348.52 |
|
DII |
02-Sep-2021 |
6368.33 |
5986.63 |
381.7 |
Intraday Stocks for 03-Sep-2021
| TARGETS 🎯 | BUY ▲ | SELL ▼ |
| PRICE | 961 | 953 |
| TARGET 1 | 967 | 947 |
| TARGET 2 | 974 | 940 |
| TARGET 3 | 981 | 932 |
| TARGET 4 | 989 | 925 |
| TARGET 5 | 1005 | 910 |
| STOPLOSS | 958 | 956 |
M&M | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 756 | 749 |
TARGET 1 | 761 | 743 |
TARGET 2 | 767 | 737 |
TARGET 3 | 774 | 731 |
TARGET 4 | 781 | 724 |
TARGET 5 | 795 | 712 |
STOPLOSS | 753 | 752 |
BAJAJ-AUTO | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 3721 | 3705 |
TARGET 1 | 3733 | 3693 |
TARGET 2 | 3747 | 3679 |
TARGET 3 | 3763 | 3664 |
TARGET 4 | 3778 | 3648 |
TARGET 5 | 3812 | 3620 |
STOPLOSS | 3716 | 3710 |
HDFCLIFE | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 763 | 756 |
TARGET 1 | 768 | 750 |
TARGET 2 | 774 | 744 |
TARGET 3 | 780 | 738 |
TARGET 4 | 788 | 731 |
TARGET 5 | 801 | 718 |
STOPLOSS | 760 | 759 |
HAVELLS | ||
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 1396 | 1387 |
TARGET 1 | 1404 | 1379 |
TARGET 2 | 1412 | 1371 |
TARGET 3 | 1421 | 1362 |
TARGET 4 | 1431 | 1353 |
TARGET 5 | 1449 | 1335 |
STOPLOSS | 1393 | 1390 |
TARGETS 🎯 | BUY ▲ | SELL ▼ |
PRICE | 4290 | 4273 |
TARGET 1 | 4303 | 4260 |
TARGET 2 | 4318 | 4245 |
TARGET 3 | 4335 | 4229 |
TARGET 4 | 4351 | 4212 |
TARGET 5 | 4379 | 4185 |
STOPLOSS | 4285 | 4278 |
Open Free Demat Account
How to Trail your Stoploss?
This is a secret part for a Professional trader to book Partial Profits frequently or Trailing Stop loss Profits. The Best Part of this Strategy is that it will always end up with Consistent Profits rather than taking a big loss.
👍Let's Understand this Concept with an example :-
✔️Suppose One of our above trade is activated @42 where Target 1 - @ 45 , Target 2 - @ 47 , Target 3 - @49, Target 4 - @51 & Stoploss - @ 39 However if the First target reaches Target 1- @45 Book 50% Profit of your Quantity Example:- Out of 100 book 50 Quantity as at the Moment Profits and Rest 50 Quantity trail to just below the Target 1, Around @43.
and you can also book 75 Quantity or You can book full if your Quantity Amount is too big. It actually depends on your Greed or you can say Patience Power. In second scenario if Buy/sell price jumps then you can also take that trade & best part of it is that target and Stop loss will be same ! Avoid Big Gap Up/Down (like 1%) Opening if its Near Target 1 for buy/sell side. Suppose If It's a Big Gap Up opening then wait for the Sell Side Trade! Same goes for the Gap Down Opening then wait for the Buy Side Trade!
Precautions For Intraday
✔️After taking any positions from the given trade above always Trail your Stoploss to cost if it moves to the direction of the buy/sell target so trail your Stoploss to cost . What will be the price if you don't know how to trail? Then here is an example suppose I gave a buy position to buy a stock @503 and stoploss @501 if it moves upward above @505 or the difference between the buying price and the stoploss price just substract it like (503-501= 2) so now your trailing stoploss came to your buying price likewise If it moves of 2 points Upwards Trail your stoploss just below 2 Points & exactly same goes for the Sell Side.
✔️ However if Your Stop loss got Hit after taking a particular stock's trade then take the next trade on or after 9:30am Still Missed the Opportunity then Take the Position After 12:15pm
✔️Always Check Market Depth for Buying & Selling Quantity for better knowledge & it will also help you if their is any institutional traps or operator traps !! For example If one of our trade activated on buy side but market depth is showing selling pressure with high quantity for selling so simply it's a trap and wait for Sell side entry.
✔️ Stock Market always demands a sacrifice & here sacrifice means money, it also takes Time, Efforts, Patience, Study, Hard Work & Knowledge to make sure the Worthiest One can take profit & Remaining the rest is your luck.
Let's Talk about 03-Sep-2021 Performance:
ReplyDelete1. CIPLA : Sell Side Target 3 @932 Achieved & turned into a 🌟Bonus Trade🌟 ✔️
2. M&M : Sell Side with small Profit but Sideways Movement ❌
3. BAJAJ-AUTO : Buy Side Above Target 4 @3778 Achieved & turned into a 🌟Bonus Trade 🌟 ✔️
4. HDFCLIFE : Gap down movement Not Activated ❌
5. HAVELLS : First time Buy Side Tariling Stoploss hit with Small profit then again Buy Side Above Target 4 @1431 Achieved & turned into a 🌟Bonus Trade 🌟 ✔️
6. BAJAJHLDNG : Sell side stoploss hit & Buy side above Target 5 @4379 (Extra 16 Points) Achieved & turned into a 🌟Bonus Trade 🌟 ✔️